According to the announcement, Chen Rongjie, the controlling shareholder and actual controller of the company, pledged 12 million shares of the company in 5 installments on October 28, 2026, accounting for 21.05% of its shares and 5.20% of the company's total share capital. The pledge was Xiamen C&D Finance Guarantee Co., Ltd., and the purpose of the pledge was capital requirements. After this pledge, Chen Rongjie pledged a total of 27.33 million shares, accounting for 47.93% of his shares, accounting for 11.90% of the company's total share capital; Chen Rongjie and his co-actors pledged 49.63 million shares, accounting for 61.60% of their total shareholding and 21.60% of the company's total share capital. This pledge has nothing to do with the company's production and operation, and will not have a significant impact on the company's production, operation, and corporate governance.

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